2019-10-28T08:57:04-05:00 2019-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2018-07-01 620476661 TENNESSEE WESLEYAN UNIVERSITY TENN 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 GAIL HARRIS V.P. FOR FINANCIAL AFFAIRS 4237465208 2019-10-24 1 BRIAN D MILLER CPA P00365109 4237567771 2019-10-24 64.88.174.3 2019-10-24 15:53:07 ED P BE5931398983855162BA2F3CCA8A7922719EC228 DBC634B2013C8F03C1B97CB60CC23A7A9B4A6CB0 2018 2019-02-21 02:37:17Z GAIL HARRIS 204 EAST COLLEGE STREET ATHENS TN 37303 27070693 0 X WWW.TNWESLEYAN.EDU X 1857 TN FOUR-YEAR LIBERAL ARTS COLLEGE 42 42 451 0 0 0 1434938 1735301 23770541 24684961 912137 291931 458170 358500 26575786 27070693 11440930 11626871 0 0 8429422 8935401 0 0 286999 8171806 9251277 28042158 29813549 -1466372 -2742856 40836506 44013333 23118345 28634349 17718161 15378984 FOUR-YEAR LIBERAL ARTS COLLEGE 0 0 17662876 11626871 21725209 INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS. 408856 ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES. 6722641 STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES. 3318252 3318252 24794373 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 942 0 1 451 1 0 0 0 0 0 0 0 0 0 0 0 0 X 42 42 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X GAIL HARRIS 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 ALLEN CARTER VICE CHAIR & ADVANCEMENT CHAIR 2.00 X 0 0 0 THE HONORABLE JERRI S BRYANT BOARD OF DIRECTOR 1.00 X 0 0 0 BUTCH PECCOLO FINANCE CHAIR 2.00 X 0 0 0 REV VANT HARDAWAY SECRETARY & STUDENT LIFE CHAIR 2.00 X 0 0 0 STEPHEN BYRUM ACADEMIC AFFAIRS CHAIR 2.00 X 0 0 0 CHRISTOPHER BLACK BOARD OF DIRECTOR 1.00 X 0 0 0 KEITH ALTSHULER FORT SANDERS REPRESENTATIVE 2.00 X 0 0 0 PRICE FOSTER BOARD OF DIRECTOR 1.00 X 0 0 0 CARL COLLOMS MEMBER AT LARGE 2.00 X 0 0 0 MINTIE WILLSON BOARD OF DIRECTOR 1.00 X 0 0 0 STEPHEN BRUMIT BOARD OF DIRECTOR 1.00 X 0 0 0 H PAUL GAFFNEY BOARD OF DIRECTOR 1.00 X 0 0 0 JOHNNY W HOLDEN BOARD OF DIRECTOR 1.00 X 0 0 0 DENNIE HUMPHREYS BOARD OF DIRECTOR 1.00 X 0 0 0 DANNY HAYS BOARD OF DIRECTOR 1.00 X 0 0 0 WILLIAM KILBRIDE BOARD OF DIRECTOR 1.00 X 0 0 0 RICK LAY STUDENT RECRUITMENT, MARKETING & CHURCH RELATIONS 2.00 X 0 0 0 LARRY MAULDIN BOARD OF DIRECTOR 1.00 X 0 0 0 LAURIE HARROD MCNULTY BOARD OF DIRECTOR 1.00 X 0 0 0 PATRICIA PURUSHOTHAM BOARD OF DIRECTOR 1.00 X 0 0 0 JEFFERY CUNNINGHAM BOARD OF DIRECTOR 1.00 X 0 0 0 HUGH WALKER NOMINATING COMMITTEE CHAIR 2.00 X 0 0 0 JASON ROBERTSON BOARD OF DIRECTOR 1.00 X 0 0 0 MARK WHITE FACILITIES CHAIR 2.00 X 0 0 0 SHIRLEY WOODCOCK BOARD OF DIRECTOR 1.00 X 0 0 0 REGENIA MAYFIELD BOARD OF DIRECTOR 1.00 X 0 0 0 MARY TAYLOR BOARD OF DIRECTOR 1.00 X 0 0 0 LEE STEWART BOARD OF DIRECTOR 1.00 X 0 0 0 LARRY WALLACE BOARD OF DIRECTOR 1.00 X 0 0 0 JIM WINER CHAIR 2.00 X 0 0 0 CLAIRE TUCKER BOARD OF DIRECTOR 1.00 X 0 0 0 DEBI WELCH BOARD OF DIRECTOR 1.00 X 0 0 0 ROBERT GOODFRIEND BOARD OF DIRECTOR 1.00 X 0 0 0 MARILYN MILLER BOARD OF DIRECTOR 1.00 X 0 0 0 STELLA ROBERTS BOARD OF DIRECTOR 1.00 X 0 0 0 KEN WEBB BOARD OF DIRECTOR 1.00 X 0 0 0 PATSY GING BOARD OF DIRECTOR 1.00 X 0 0 0 CHRIS FAYNE BOARD OF DIRECTOR 1.00 X 0 0 0 ERICA PEDEN BOARD OF DIRECTOR 1.00 X 0 0 0 ALAN GUY BOARD OF DIRECTOR 1.00 X 0 0 0 REV HUGH ELI KILGORE BOARD OF DIRECTOR 1.00 X 0 0 0 HARLEY KNOWLES PRESIDENT 40.00 X 246882 0 0 D WILLHITE VP FOR ACADEMIC AFF 40.00 X 115100 0 0 RANDY NELSON VP FOR ADVANCEMENT 40.00 X 89563 0 0 SCOTT MASHBURN VP FOR STUDENT LIFE 40.00 X 94912 0 0 GAIL HARRIS VP FOR FINANCIAL AFFAIRS 40.00 X 95748 0 0 JOANNE LANDERS VP OF ADMISSIONS 40.00 X 73730 0 0 ROBERT MULLANEY ASSOCIATE PROFESSOR OF OCCUPATIONAL THERAPY 40.00 X 115747 0 0 831682 0 0 3 0 1 0 WILSON CONSTRUCTION GROUP LLC 129 LIONS PARK RD ATHENS TN 37303 CONSTRUCTION 2763222 ARAMARK CORP 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 1471694 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LA GRANGE GA 30241 MAINTENANCE 785988 CONTRACT FURNITURE ALLIANCE INC 10445 COGDILL RD KNOXVILLE TN 37932 FURNITURE 418508 BB&T BANKCARD CORPORATION 1604 DECATUR PIKE ATHENS TN 37303 BANKING 281745 20 256067 1479234 1735301 TUITION 624310 21725209 21725209 FOOD SERVICE 722210 1859096 1859096 RESIDENCE HALL 721310 1020700 1020700 CAMPS AND CONFERENCES 900099 61980 61980 BOOKSTORE 451211 17976 17976 24684961 291931 291931 FORT SANDERS NURSING SUPPLEMENT 611600 308750 308750 49750 49750 358500 27070693 25043461 0 291931 X 11626871 11626871 7411317 5810949 1429810 170558 197841 129979 64287 3575 664319 411679 252129 511 661924 528888 122659 10377 3117 3117 62565 62565 121958 121958 385481 276965 102670 5846 732902 732902 1250671 1071919 178752 CONTRACTED SERVICES 2324381 1996108 320503 7770 UTILITIES 690946 632828 58118 MAINTENANCE AND REPAIRS 525987 426692 99295 UNIFORMS AND OTHER SUPP 324311 207845 102137 14329 2828958 1673650 1081275 74033 29813549 24794373 4732177 286999 1296 1300 2048163 1835271 3162215 2338164 574610 591023 75089 71263 16260 2863 84254 114141 43224926 16891238 22741751 26333688 12132868 12725620 40836506 44013333 985665 1267606 446899 595272 21561318 26649438 124463 122033 23118345 28634349 X 1555781 -201373 4240988 3490889 11921392 12089468 17718161 15378984 40836506 44013333 X -2742856 392613 11066 X X 0 1 X 1 1 1 X 0 11921389 71402 96674 12089465 11530058 116505 274826 11921389 11361793 51431 116834 11530058 11040007 230189 91599 11361795 10925347 126826 -12166 11040007 0 0 1702191 1702191 28945193 8895965 20049228 2748991 1602544 1146447 7745156 5134977 2610179 2083395 1257752 825643 26333688 FEDERAL SHARE OF PERKINS LOAN PROGRAM -93971 AGENCY FUNDS 216004 122033 X 15836435 392613 392613 15443822 11626871 11626871 27070693 18186678 0 18186678 11626871 11626871 29813549 PART X, LINE 2: UNCERTAIN TAX POSITIONS THE COLLEGE IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE COLLEGE MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THIS INCOME IS REPORTED ON THE FEDERAL FORM 990T AS UNRELATED BUSINESS INCOME. THE COLLEGE FOLLOWS THE GUIDANCE OF ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC TOPIC 740 PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE COLLEGE ADOPTED THE PROVISIONS OF ASC TOPIC 740 AND THEY HAD NO IMPACT ON THE FINANCIAL POSITION, RESULTS OF OPERATIONS, AND CASH FLOWS. THE COLLEGES EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019 FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART VI, LINE 1E OTHER ASSETS CONSIST OF VEHICLES, LIBRARY BOOKS, AND WORK IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE MAINTAINS AN INSTITUTION THAT IS RACIALLY NONDISCRIMINATORY. SCHEDULE E, PART I, LINE 6 THE COLLEGE IS APPROVED TO PROVIDE STUDENT ASSISTANCE WITH THE FEDERAL TITLE 4 STUDENT FINANCIAL AID PROGRAMS. 1 FINANCIAL-AID SCHOLARSHIP 895 11626871 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 HARLEY KNOWLES PRESIDENT 246882 0 0 0 0 0 0 0 0 0 246882 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FEDERAL FORM 990 IS PRESENTED TO THE VICE PRESIDENT FOR FINANCIAL AFFAIRS WHO REVIEWS TO MAKE SURE NUMBERS ARE CORRECTLY REPORTED. VP FOR FINANCIAL AFFAIRS THEN PRESENTS 990 TO THE FINANCE COMMITTEE FOR REVIEW. THEY WILL THEN VOTE FOR APPROVAL. ONCE APPROVED THE 990 IS PRESENTED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW. FINAL APPROVAL IS MADE BY THE BOARD BEFORE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE ALSO UTILIZED IN ORDER TO PROVIDE COMPARATIVE DATA FOR REVIEW PRIOR TO APPROVAL. OFFICERS SALARIES ARE SUGGESTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO HIRE DATE. ONCE HIRED SALARIES ARE ADJUSTED BASED UPON PERFORMANCE AND RECOMMENDATIONS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE ONLY AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART IX, LINE 24E FACILITY FEES: PROGRAM SERVICE EXPENSES 306,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 306,496. DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 107,309. MANAGEMENT AND GENERAL EXPENSES 139,569. FUNDRAISING EXPENSES 2,520. TOTAL EXPENSES 249,398. STUDENT ACTIVITY EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 217,397. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 217,397. ATHLETIC TOURNAMENT EXPENSES: PROGRAM SERVICE EXPENSES 147,321. MANAGEMENT AND GENERAL EXPENSES 49,107. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196,428. INSTITUTIONAL INSURANCE: PROGRAM SERVICE EXPENSES 155,696. MANAGEMENT AND GENERAL EXPENSES 26,804. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 182,500. EQUIPMENT: PROGRAM SERVICE EXPENSES 147,105. MANAGEMENT AND GENERAL EXPENSES 28,619. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,724. INSTITUTIONAL ASSESSMENT: PROGRAM SERVICE EXPENSES 129,375. MANAGEMENT AND GENERAL EXPENSES 26,502. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,877. CAMPUS SAFETY: PROGRAM SERVICE EXPENSES 110,415. MANAGEMENT AND GENERAL EXPENSES 31,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142,232. STUDENT ACTIVITY EXPENSE: PROGRAM SERVICE EXPENSES 104,880. MANAGEMENT AND GENERAL EXPENSES 34,214. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 139,094. COPYING AND PRINTING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 135,402. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,402. STUDENT INSURANCE: PROGRAM SERVICE EXPENSES 97,802. MANAGEMENT AND GENERAL EXPENSES 32,601. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,403. OTHER ATHLETIC EXPENSES: PROGRAM SERVICE EXPENSES 78,397. MANAGEMENT AND GENERAL EXPENSES 26,132. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,529. TELEPHONE EXPENSE: PROGRAM SERVICE EXPENSES 2,244. MANAGEMENT AND GENERAL EXPENSES 95,531. FUNDRAISING EXPENSES 55. TOTAL EXPENSES 97,830. OTHER GRANT EXPENDITURES: PROGRAM SERVICE EXPENSES 83,644. MANAGEMENT AND GENERAL EXPENSES 9,969. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,613. TUITION WAIVER: PROGRAM SERVICE EXPENSES 53,722. MANAGEMENT AND GENERAL EXPENSES 27,835. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,557. OTHER MISC EXPENSES: PROGRAM SERVICE EXPENSES 14,368. MANAGEMENT AND GENERAL EXPENSES 51,154. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,522. MEDICAL SUPPLIES: PROGRAM SERVICE EXPENSES 43,734. MANAGEMENT AND GENERAL EXPENSES 14,578. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,312. BANK/CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 49,984. FUNDRAISING EXPENSES 1,260. TOTAL EXPENSES 51,244. PUBLICATIONS - STUDENT LIFE: PROGRAM SERVICE EXPENSES 1,441. MANAGEMENT AND GENERAL EXPENSES 68. FUNDRAISING EXPENSES 34,980. TOTAL EXPENSES 36,489. POSTAGE: PROGRAM SERVICE EXPENSES 597. MANAGEMENT AND GENERAL EXPENSES 27,546. FUNDRAISING EXPENSES 7,303. TOTAL EXPENSES 35,446. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 20,092. MANAGEMENT AND GENERAL EXPENSES 7,808. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,900. COMMENCEMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,072. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,072. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 6,799. MANAGEMENT AND GENERAL EXPENSES 2,062. FUNDRAISING EXPENSES 13,026. TOTAL EXPENSES 21,887. FACULTY DEVELOPMENT: PROGRAM SERVICE EXPENSES 21,632. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,632. RECRUITMENT EXPENSE: PROGRAM SERVICE EXPENSES 17,167. MANAGEMENT AND GENERAL EXPENSES 2,649. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,816. HOMECOMING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 14,889. TOTAL EXPENSES 14,889. FACULTY/STAFF MEALS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,351. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,351. ATHLETIC TEAM MEALS: PROGRAM SERVICE EXPENSES 7,592. MANAGEMENT AND GENERAL EXPENSES 2,531. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,123. CHOIR EXPENSES: PROGRAM SERVICE EXPENSES 9,349. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,349. NETWORKING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,973. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,973. LIBRARY EXPENSES: PROGRAM SERVICE EXPENSES 6,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,473. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERKINS LOAN 151. CHANGE IN VALUE OF TRUSTS HELD BY THIRD PARTY 10,915. 990 PART XII PAGE 12 LINE 2D THE OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE FINANCIAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.